According to the public record, 1, Kensington Road, Colchester is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Kensington Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
1, Kensington Road, Colchester has 3 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Kensington Road Colchester as £147,000 and the rental value as £717 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Kensington Road Colchester has increased by £1,141 (0.8%) and its rental value has increased by £64 per month (8.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Kensington Road, Colchester is in very good condition we estimate a sale value of £154,350 and rental value of £753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,710 and a rental value of £667 per month.
If you were able to purchase this property for the estimated value of £147,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £722 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Kensington Road, Colchester was last sold on 17 Sep 2021 for £188,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 1, Kensington Road, Colchester over the last 2 years.
The most recent example is 3, Kensington Road, Colchester, CO2 7FF, a Leasehold flat which sold for £195,000 in Apr 2022.
Read more about house prices in CO2.
Kensington Road, Colchester, CO2 has a total of 118 addresses. According to our analysis of all the public data, 1, Kensington Road, Colchester is the 118th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in CO2.
1, Kensington Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Kensington Road, Colchester is Colchester Town station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Kensington Road, Colchester, 52.2% of property is privately owned with a mortgage and 32.3% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Kensington Road, Colchester, 24.2% of residents are recorded as possessing school level qualifications and 46.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Kensington Road, Colchester, the average age was 37.4 and the most common age was 47.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Kensington Road, Colchester, 1.1% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Kensington Road, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.